Stock Market Update

24-Jun-24 12:05 ET
AAPL, META provide some offsetting support amid NVDA losses
Dow +327.56 at 39477.89, Nasdaq -39.56 at 17649.80, S&P +16.52 at 5481.14

[BRIEFING.COM] The major indices moved in a lateral flow over the last half hour.

Gains in Apple (AAPL 211.66, +4.16, +2.0%) and Meta Platforms (META 502.05, +7.32, +1.5%), which reportedly discussed an artificial intelligence partnership, have provided some offsetting support to the broader market amid selling activity in NVIDIA (NVDA 121.00, -5.57, -4.4%).

Elsewhere, commodity prices are mostly higher. WTI crude oil futures are up 1.0% to $81.57/bbl, natural gas futures are up 1.8% to $2.75/mmbtu, and gold futures are 0.4% higher at $2,339.90/ozt. Copper futures trade 0.3% lower at $4.43/lbs.

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